News

Tourist arrivals up 5.2% to 5.57 million in April

Mainland China visitors accounted for three-fourths of visitor arrivals.

Civil Service Bureau proposes 5.26% pay hike for lower income civil servants

The proposed adjustment took into account cost of living and pay claims, amongst others.

New virtual banking licenses spur demand for data jobs

The hottest roles will include data scientists, UI engineers, and full stack developers.

Retail sales volumes dipped 0.8% in March

Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.

Central's Grade A rents hold firm at $161 amidst 1.7% vacancy rate in April

Decentralisation also slowed due to a low availability of spaces over 20,000 sqft.

The Asian Export Awards 2019 is now open for nominations

The search is on for the leading exporters in Asia.

Home sales hit 7-year high in May

Volumes rose by 49% YoY to 8,208 deals.

65% of bosses rejected promotions in the last three years: study

Employees are not given promotions due to a lack of managerial capabilities.

Entertainment and media revenue to make up 60% of Hong Kong's revenue by 2023

It will primarily be driven by the OTT segment’s 18.7% CAGR to $3.14b.

Property investments in Guangzhou and Shenzhen rose to $61.91b in 2018

Guangzhou accounted for 60% of transactions of over $113.39m.

Hong Kong beats Singapore in ease of doing business

It ranks the fourth easiest place to do business in Asia.

Hang Seng Bank extends FPS QR code payment solution to 1,000 merchants

Retail merchants can provide their customers with an additional contactless payment option at the point of sale.

Clearbridge Health expands Hong Kong presence with 1,500 sqft clinic

The new clinic features a dedicated space to hold educational health talks for medical tourist agents and patients.

Hong Kong salaries grew 5.1% in 2019

Jobs in public relations, digital marketing and insurance saw the highest pay hikes.

ESR Cayman delays US$1.4b Hong Kong IPO

The deal would value the company at US$6.2b.